Report suggests key HECM field office at HUD could be shut down
Among dozens of reported potential field office closures, one in Oklahoma has the potential to significantly impact the FHA-insured HECM program.
NRMLA
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NRMLA announces first event of 2025
The reverse mortgage trade association announced that its Western Regional Meeting will be held April 29 in Irvine, California.
Longbridge CEO Chris Mayer on reverse mortgage partnerships with forward companies
Longbridge CEO Chris Mayer speaks with HousingWire’s RMD about forward mortgage partnerships and the potential of HECM for Purchase.
Australia, New Zealand-based reverse pros share insights
Two professionals from Australia and New Zealand’s leading reverse mortgage provider shared some of what they learned at a U.S. reverse mortgage conference last year.
Hawaii bill seeking state-run reverse mortgage program appears dead for now
A bill seeking to establish a state-specific HECM program in Hawaii is likely dead until at least 2026, according to a sponsor lawmaker.
One in 10 ‘gray divorce’ couples finance split with housing wealth
More than one in 10 U.K. couples finance their divorces with property, including through the local equivalent of a reverse mortgage, according to new survey data.
Proprietary reverse mortgage business in Oregon could be in danger
A bill introduced in Oregon could halt proprietary reverse mortgage business if enacted, according to NRMLA.
Tennessee official, citing property tax relief, notes more interest in reverse mortgages
A Tennessee official noted rising interest in reverse mortgages from area seniors when discussing property taxes on a local radio station.
What will happen to HMBS 2.0 under Trump’s regulatory freeze?
HMBS 2.0 could make a big difference for reverse mortgage securities issuers, but a lack of concrete information leaves an implementation timeline unclear.
As LA fires burn, reverse mortgage industry emphasizes need for servicer, insurer contacts
Los Angeles County has the highest concentration of HECM borrowers in the country, and the industry is moving to respond.